Bullish and bearish settings

[Reecka12]

What constitutes a bullish or bearish signal? I set them and am not sure what causes them to count as a signal.

 

[scrappyjedi]

Reecka12,

With the colors I have on my MT, Green are Bullish meaning the price 'appricated' and went up while Red are Bearish meaning the price 'depreciated' and went down.

 

[Reecka12]

So does that mean if I set bullish at 5, there has to be 5 upward movements within a specified time period in order to initiate a trade? If my time period is one day does it mean that 5 days of upward movements to trade? Or am I completely off base here? Just trying to understand.

 

[Joeboy]

Also for more indepth information on how bullish and bearish signals work, kindly refer to this page:

How to adjust Consecutive Signals based on market trends (scalping, day trading and swing trading)

By integrating this technique into your trading approach and adjusting Consecutive Bullish Signals and Consecutive Bearish Signals, you can align Galileo FX with market trends and enhance its contrarian nature. This method allows you to capture market dynamics effectively. Adjust consecutive...

forum.galileofx.com

 

[Reecka12]

Thanks for the info. It helps my understand what’s happening.

 

[Joeboy]

You're welcome, if you still have any questions or concerns let everyone know, I'm sure anyone from this community will be glad to help you

 

[scrappyjedi]

Like Joeboy said, we are here to assist you!